Donald Trump, TACO and tariff
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Jamie Dimon, Trump and tariff
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Buying the dip during recent tariff volatility has been profitable for investors, but the TACO trade could ultimately backfire, GMO's Ben Inker said.
President Donald Trump has again delayed a tariff deadline. His back and forth on the policy spurred TACO accusations. What does it mean?
Markets may face turbulence as Trump pushes US re-industrialization, with bubble-like S&P500 valuations signaling a potential selloff ahead. See more here.
Tariff Man is back again — and so is Wall Street’s TACO trade. President Donald Trump is once more threatening to lob massive duties on a wide swath of US imports, everything from copper and pharmaceuticals to goods from Japan and Russia.
Trump stepped into an unexpected trade war with Brazil this week after announcing a letter to President Luiz Inacio Lula da Silva that 50 percent tariffs on imported goods would take effect on August 1, in apparent retaliation for the prosecution of former president, Jair Bolsonaro.
As President Donald Trump headed to Texas to see the brutal effects of the floods firsthand, a senior White House official told The Washington Post the administration is focused on “rebranding” the disaster response agency instead of eliminating it entirely.
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The last time President Donald Trump rolled out tariffs this high, financial markets quaked, consumer confidence crashed and his popularity plunged.